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    Recession Sparks Global Shoplifting Spree

    The global recession isn't just making jobs scarce and spending money tighter - it's also turning more people into thieves. According to an annual survey released Tuesday, incidents of shoplifting rose by nearly 6% over the past year, representing nearly $115 billion in losses for businesses...
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    gold top $1138 or $1300

    I have gold hitting 1250 by end of November on my charts. Inflation adjusted all time high for gold is near $2500 an ounce. Plenty of upside left. The run is still in its infancy.
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    Government is top employer in southern Calif., report reveals

    http://www.examiner.com/examiner/x-27692-LA-County-Libertarian-Examiner~y2009m11d9-Government-is-top-employer-in-southern-Calif-report-reveals
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    Total US unemployment rate hits 17.5%

    http://www.msnbc.msn.com/id/33713864/ns/business-stocks_and_economy/ The 10.2 percent unemployment rate does not include people without jobs who have stopped looking for work or those who have settled for part-time jobs. If you counted those people, the unemployment rate would be 17.5...
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    Rogers Says Roubini Is Wrong on Bubbles as Gold, Stocks Rally

    Mr. Paulson made a calculation: The supply of dollars had expanded by 120% over several months. That surely would lead to a drop in its value, and an eventual surge in inflation. "What's the only asset that will hold value? It's got to be gold," Mr. Paulson argued. Paulson & Co. had never...
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    Rogers Says Roubini Is Wrong on Bubbles as Gold, Stocks Rally

    http://www.bloomberg.com/apps/news?pid=20601012&sid=a8fc.G.WUIP8 Nov. 4 (Bloomberg) -- Jim Rogers, the investor who predicted the start of the commodities rally in 1999, said that Nouriel Roubini is wrong about the threat of bubbles in gold and emerging-market stocks. Many commodities are...
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    Roubini Says Rogers’s Forecast of $2,000 Gold ‘Utter Nonsense’

    Gold set to overtake status of US dollar, analyst 4 November 2009 | by Paul Hayes The combination of another record price and news that the Reserve Bank of India purchased 200 tonnes from the IMF for around $6.7 billion is evidence that gold is overtaking the US dollar as a reliable...
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    Roubini Says Rogers’s Forecast of $2,000 Gold ‘Utter Nonsense’

    Inflation adjusted all time high for Gold is at $2358 an ounce. http://www.ritholtz.com/blog/wp-content/uploads/2009/10/gold-REAL-dollars.gif I don't see any bubble in Gold prices but I do see $1250 an ounce by end of year.
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    Roubini Says Rogers’s Forecast of $2,000 Gold ‘Utter Nonsense’

    WOW!!! The guy predicted Gold will reach 1100 when it touched 1100.
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    Roubini Says Rogers’s Forecast of $2,000 Gold ‘Utter Nonsense’

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aOfwpkHV2clM&pos=5 Nov. 4 (Bloomberg) -- Nouriel Roubini, the economist who predicted the global economic crisis, said a forecast by investor Jim Rogers that gold will double to at least $2,000 an ounce is “utter nonsense.” There is...
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    Marc Faber, Dollar Will Eventually Go to Value of Zero, Oct 26, 2009

    Roubini, Schiff, Celente, Rogers, and Faber have become fame whores. At one point they made sense. Now they are talking out their asses with their future forecasts.
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    Marc Faber, Dollar Will Eventually Go to Value of Zero, Oct 26, 2009

    Video http://eclipptv.com/viewVideo.php?video_id=8055
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    Why a weak dollar threatens America

    Mr. Geithner: Stop Passing The Buck On The Dollar It seems nobody in this country wants to take responsibility for the secular decline in the value of the U.S. dollar. When Fed Chairman Ben Bernanke is asked about the currency's decline, he refers the query to the Treasury Department. When...
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    Nouriel Roubini: Big Crash Coming Soon

    Roubini has made enough predictions in the last year to be right 100% of the time.
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    U.S. Dollar to Strengthen Dramatically As Japan Is Near BK & China Will Have Crisis

    Talk about a wild imagination. Is he related to Nostradamus? One of his other sci-fi pieces below. He is the author of The Secret Life of Bill Clinton (1997) which was published by conservative publishing firm Regnery Publishing In this book, he elaborates on assertions that the Oklahoma...
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    Dollar Dumping Will Remain the Hot Trade

    http://www.cnbc.com/id/33417549# The dollar slumped to a new 14-month low Wednesday, and it could continue floundering well into next year. The green back was trading at $1.50 to the euro Wednesday, a key psychological milestone. It also fell to a level near 75 on the dollar index, well...
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    U.S. Empire in Decline, on Collision Course with China

    http://finance.yahoo.com/tech-ticker/article/357319/Niall-Ferguson-U.S.-Empire-in-Decline-on-Collision-Course-with-China?tickers=FXI,PGJ,%5EGSPC,%5Edji,SPY,LMT,RTN The U.S. is an empire in decline, according to Niall Ferguson, Harvard professor and author of The Ascent of Money. "People have...
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    20 reasons America has lost its soul and collapse is inevitable

    Greed's OK, within limits, like the 10 Commandments. Yes, the soul can thrive around greed, if there are structures and restrictions to keep it from going out of control. But Moore warns: "Capitalism does the opposite of that. It not only doesn't really put any structure or restrictions on it...
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    20 reasons America has lost its soul and collapse is inevitable

    Death of 'Soul of Capitalism:' Bogle, Faber, Moore 20 reasons America has lost its soul and collapse is inevitable By Paul B. Farrell, MarketWatch ARROYO GRANDE, Calif. (MarketWatch) -- Jack Bogle published "The Battle for the Soul of Capitalism" four years ago. The battle's over. The...
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    How many unemployed do you know?

    You guys don't know enough people. Unofficial unemployment numbers are near 20%. The Great Depression of the 30's will look like boom days for what's in store for us.
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